United Kingdom: Construction Sands Market 2024

Construction Sands Market Size in the UK

In 2022, the UK construction sands market increased by 0.8% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 2.6% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Construction Sands Production in the UK

In value terms, construction sands production fell modestly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 3.1%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Construction Sands Exports

Exports from the UK

In 2022, the amount of construction sands exported from the UK rose sharply to X tons, increasing by 12% against the previous year's figure. Over the period under review, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 45% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, construction sands exports contracted rapidly to $X in 2022. In general, exports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 74% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X tons) was the main destination for construction sands exports from the UK, with a 14% share of total exports. Moreover, construction sands exports to Ireland exceeded the volume sent to the second major destination, Nicaragua (X tons), threefold. The United States (X tons) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ireland totaled -26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (0.0% per year) and the United States (+31.4% per year).

In value terms, the United States ($X), China ($X) and Ireland ($X) constituted the largest markets for construction sands exported from the UK worldwide, together comprising 53% of total exports.

The United States, with a CAGR of +40.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, dropping by -33.3% against the previous year. Over the period under review, the export price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of 127% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into the UK

In 2022, after three years of decline, there was significant growth in supplies from abroad of construction sands, when their volume increased by 1,957% to X tons. Overall, imports continue to indicate a temperate increase. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, construction sands imports surged to $X in 2022. In general, imports enjoyed a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Ireland (X tons), Australia (X tons) and Belgium (X tons) were the main suppliers of construction sands imports to the UK, together comprising 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +21.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of construction sands to the UK, comprising 39% of total imports. The second position in the ranking was held by Belgium ($X), with an 18% share of total imports. It was followed by Ireland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+40.3% per year) and Ireland (+31.8% per year).

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, falling by -78.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 90%. As a result, import price reached the peak level of $X per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Faroe Islands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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